Applied Digital (APLD) Consolidated Net Income (2021 - 2026)
Applied Digital's (APLD) quarterly Consolidated Net Income came in at -$81.4 million in Q2 2026, down 54.91% on a YoY basis from -$180.5 million in Q2 2025, and down 15.35% quarter-over-quarter from -$70.6 million in Q1 2026.
Analysis
Applied Digital (APLD) Consolidated Net Income (2021 - 2026) Analysis & Trends
Applied Digital (APLD) has reported Consolidated Net Income for 6 consecutive years, with -$81.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Consolidated Net Income fell 54.91% year-over-year to -$81.4 million; the trailing twelve-month figure through May 2026 stood at -$183.3 million (up 20.66% YoY), and the FY2026 full-year result was -$184.3 million, up 20.22% from the prior year.
- Consolidated Net Income declined to -$81.4 million in Q2 2026 per APLD's latest filing, from -$70.6 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at -$4.2 million in Q3 2024 and bottomed at -$138.7 million in Q4 2024.
- Historically, Consolidated Net Income has averaged -$34.5 million across 5 years, with a median of -$15.7 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Consolidated Net Income slumped 15543.27% in 2022, then soared 89.58% in 2025.
- Over 5 years, Consolidated Net Income stood at -$26.8 million in 2022, then jumped by 60.64% to -$10.5 million in 2023, then slumped by 1217.56% to -$138.7 million in 2024, then jumped by 89.58% to -$14.4 million in 2025, then tumbled by 463.23% to -$81.4 million in 2026.
- According to Business Quant data, Consolidated Net Income over the past three periods registered -$81.4 million, -$70.6 million, and -$14.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 477.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -929.76 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -267.53 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -81.39 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 149.73 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -1.16 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 13.97 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 13.57 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -14.98 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -9.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -81.39 Mn |
| Feb 28, 2026 | -70.56 Mn |
| Nov 30, 2025 | -14.45 Mn |
| Aug 31, 2025 | -16.93 Mn |
| May 31, 2025 | -52.54 Mn |
| Feb 28, 2025 | -35.56 Mn |
| Nov 30, 2024 | -138.73 Mn |
| Aug 31, 2024 | -4.25 Mn |
| May 31, 2024 | -42.73 Mn |
| Feb 29, 2024 | -84.56 Mn |
| Nov 30, 2023 | -10.53 Mn |
| Aug 31, 2023 | -11.85 Mn |
| May 31, 2023 | -6.86 Mn |
| Feb 28, 2023 | -7.34 Mn |
| Nov 30, 2022 | -26.75 Mn |
| Aug 31, 2022 | -4.66 Mn |
| May 31, 2022 | -5.69 Mn |
| Feb 28, 2022 | -6.45 Mn |
| Nov 30, 2021 | -171,000.00 |
| Aug 31, 2021 | -14.10 Mn |